The Board of Directors of COSCO SHIPPING International (Singapore) Co., Ltd. announced the retirement of Mr. Tom Yee Lat Shing (Mr. Tom Yee) as Non-Executive Lead Independent Director of the company with effect from April 27, 2018. Mr. Tom Yee will cease to be Chairman of the Audit Committee and member of the Enterprise Risk Management Committee, Nominating Committee, Remuneration Committee and Strategy Development Committee. The company also announced the resignation of Mr. Liang Yan Feng (Mr. Liang) as Non-Independent and Non-Executive Director of the company with effect from April 27, 2018. Mr. Liang will cease to be member of the Enterprise Risk Management Committee. Subsequent to Mr. Liang's resignation, Mr. Ouyang Chao Mei (Mr.Ouyang) has ceased to be his alternate director with effect from 27 April 2018.